Hung Ching Development & Construction Third Quarter 2024 Earnings: EPS: NT$1.26 (vs NT$2.59 in 3Q 2023)

Hung Ching Development & Construction (TWSE:2527) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$690.3m (down 62% from 3Q 2023).
• Net income: NT$330.3m (down 51% from 3Q 2023).
• Profit margin: 48% (up from 37% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: NT$1.26 (down from NT$2.59 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hung Ching Development & Construction shares are up 7.9% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Hung Ching Development & Construction that you should be aware of before investing here.

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